Tag Archives: transition

Transition Show Interview and Podcast

I was very pleased to have an opportunity to share my current market views on the Transition Show Podcast, this past week. Energy transition is of course the primary focus of my publication, TerraJoule.us, and it appears that changes in how the world economy uses energy has finally caught up to oil. Now that prices […]

Natural Gas: Great Expectations – August Issue of TerraJoule.us

Each issue of TerraJoule.us contains:?a Main Essay, a Model Portfolio, a Data Brief, and a link to a?Downloadable Podcast. Gregor Macdonald, Editor. For a more detailed description of each issue’s contents, please see the?Purchase?section. This month’s publication, Natural Gas: Great Expectations, ?takes a look at the natural gas resource base, and the coming LNG export […]

Oil’s Bright, Momentary Flash

In 1965, after more than a century and a half, oil overtook coal as the world’s primary energy source. But only eight years later in 1973, oil itself peaked as a percentage of global energy use at 48.5%. Now, forty years later, oil is barely hanging on as the world’s primary energy source, with a […]

North American Natural Gas Breaks Below Two Dollars, for a Million BTU

Natural gas in North America broke below the $2.00 barrier today, for the first time in ten years. It’s important to remember that, unlike oil, natural gas does not trade at a converged, global price. Accordingly, a million BTU in LNG form currently trades for over $9.00 in the UK, and over $15.00 in Japan. […]

Transition to Renewables and The Forward Speed of Economies

From CarbonTracker.org comes this very useful accounting of global fossil fuel reserves, by market listing on stock exchanges. The risk identified in their report, Unburnable Carbon – Are the World’s Financial Markets Carrying a Carbon Bubble?, is that markets have accorded value to energy resources which may never be extracted. The reason? A rather hopeful […]

Oil Soars and Natural Gas Withers: But the Energy Singularity is Not Forthcoming

If you firmly believe higher oil prices will drive energy transition, and the adoption of alternative sources, then do (by all means) feel excited today. The price of West Texas Intermediate crude oil, which has sold for as much as a 25% discount to Brent oil over the past 9 months, has been slowly filling […]

The Great American False Dilemma: Austerity vs. Stimulus

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent wesbsite. Accordingly, I’ll be publishing the first (and free) part of these essays here at w88ประเทศไทย www.pinyourcrafts.com. Enjoy. — Gregor ___________________________________________________________________________ “Like the issue of…’Is it better to have austerity or stimulus?’ Well, the basic problem there is that we’re […]

Moving to Portland

In 1995 I left? California and moved to London. I was in pursuit of a young woman named Johanna—a dual citizen of both New Zealand and the UK—and for the next few years we would live in Lambeth on London’s south bank, and in Wellington, NZ. To my surprise, when we moved to the States […]

Portland and Energy Transition

Portland, Oregon is now far enough along in its transition away from oil that by 2015 one can imagine this city being able to market and sell its own example to the rest of the world. Most of Portland’s longstanding initiatives, from public transport and the integration of the bicycle, to city agriculture, water and […]

Land of Gas

The ongoing controversy which surrounds the shale natural gas story is a nice example of?entangled theories and beliefs. And, how thoughtful observers can be right on different aspects of a complex phenomenon, while arguing against each other vociferously all the while. ?At issue? Whether the tremendous upward swing in US natural gas production is sustainable. […]